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16 Jul
10:24

Higher ore output seen boosting CSN second-quarter performance

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) is set to improve its performance both year-on-year and quarter-on-quarter in the second quarter. It will be boosted mainly by the company’s iron ore production increase in the period, says Banco do Brazil (BB) in its short-term outlook monitored by Kallanish. “CSN should obtain positive results in Q2, driven, once again, by the mining business, due to the higher iron ore pric…
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